Oh yes, my wife works here

There’s nothing like the headline “Additional Disclosure" to take the interest of Rear Window. And it gets even more intriguing when such disclosures are made at 6.20pm – long after most market watchers are bending the elbow.

Some cynics might suggest Adelaide tiddler
Scantech
had such considerations in mind when it came clean on what can only be described as an embarrassing omission. In a filing to the ASX late last week Scantech, which provides technology to the mining sector, admitted it had failed to disclose chief executive
David Lindeberg
had been employing his wife for four years. “It has been brought to the attention of the company that additional disclosure is required," began its statement. The company went on to say Mahshid Lindeberg had received nearly $384,000 in wages over the four-year period. Given its profit last year was only $237,000, her pay is not insignificant.

The company, which counts former South Australian premier Dean Brown as a director, said Mrs Lindeberg was engaged on conditions “no more favourable" than other employees. But some shareholders would like “additional disclosure" about her travel expenses while she was accompanying her husband on business.